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Dec 27, 2012
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with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the near term, some sort of a framework deal. does that mean we'll see rates on the treasury yield curve rise appreciably, in other words, we'll sell off on the bond market. >> the initial reaction will be relief and risk assets, selloff in treasuries, and keep in mind any deal that we get is probably going to mean more austerity, not less, higher taxes and less spending in 2013 and 2014, and ultimately that's good for the bond market. it's not a bad thing for the bond market. >> do you agree, jeff cox? >> i agree with the notion that, of course, we're at mercy of the fisca
with us cnbc's jeff cox and kathy jones from charles schwab. waiting to see what the ten-year note is doing. it's come back sharply now with the buying of stocks here. i mean, there is this either/or going on right now, safety vers versus risks, right? >> doing this all year long, news about the economy or settlement of the fiscal cliff issue, the bond market sells off a little bit and the market rallies. here we are again. hope springs eternal. >> let's say we get a deal in the...
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Dec 9, 2012
12/12
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when we filed this case, chris and sandy and jeff and paul had been together 10 years and now almost 12 years. chris and sandy's twin boys were just entering high school. when this case is heard, they'll be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true when we had this in the court at the appellate forward nobody came forward because nobody could come up with a justification, compelling reason. you raised it. there's no compelling reason against giving the right to people the right to marriage. >> that's exactly right. important to note in both of these cases, the united states government has refused to defend doma, the federal law before this court. when we filed the case in california, as one has to do, we sued the governor at the time, arnold schwarzenegger and our attorney general at the time, jerry brown, the current governor. both responded by refusing to defend the case and ultimately joined our signed the case and said it was fundamentally and unconstitutional law and they w
when we filed this case, chris and sandy and jeff and paul had been together 10 years and now almost 12 years. chris and sandy's twin boys were just entering high school. when this case is heard, they'll be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true when we had this in the court at the appellate forward nobody came forward because nobody could come up with a justification, compelling...
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Dec 31, 2012
12/12
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>> no way. >> jeff? >> absolutely not. >> your honor, i rest my case. happy new year, guys. >> happy new year, bill. >> thanks very much. >>> we're still sitting up by nearly 100 points on the dow. president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to be done here. even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and can they rise above to get a deal done? "closing bell" will be back after this break. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform
>> no way. >> jeff? >> absolutely not. >> your honor, i rest my case. happy new year, guys. >> happy new year, bill. >> thanks very much. >>> we're still sitting up by nearly 100 points on the dow. president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to be done here. even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we...
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Dec 31, 2012
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i want to bring in congressman jeff flake, republican from arizona, and soon-to-be senator in just a few days. good morning. thanks for joining us. >> thanks for having me on. >> i don't need to tell you, time is quickly running out. how optimistic are you or pessimistic about a deal before midnight? >> you know, about 50/50 right now. i obviously would like to see a deal that would avoid the cliff, but it depends upon the content. i think the worst thing we can do is turn off the sequester or the automatic spending cuts. the real cliff will come if we fail to deal with our debt and deficit. we just can't do that. >> that -- >> i don't like the content of the sequester. i do think it inordinately hits defense but that is something we can negotiate once we get into the new year. but to turn off those cuts would be just a frank admission we can't cut spending ever. i think the markets will respond very negatively to that and as well they should. >> you've also said republicans are resigned to seeing some sort of income tax hike. i wonder what is acceptable to you. we've heard 400,000,
i want to bring in congressman jeff flake, republican from arizona, and soon-to-be senator in just a few days. good morning. thanks for joining us. >> thanks for having me on. >> i don't need to tell you, time is quickly running out. how optimistic are you or pessimistic about a deal before midnight? >> you know, about 50/50 right now. i obviously would like to see a deal that would avoid the cliff, but it depends upon the content. i think the worst thing we can do is turn off...
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Dec 8, 2012
12/12
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when we filed this case, chris and sandy and jeff and paul had been together for ten years. now they have been together for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up with what you call a justification, some compelling reason. just chat on that point. you raised it. there's no compelling reason against giving the rights to people, the right to marriage. >> that's exactly right, chris. it's important to note in both of these cases, the united states government has refused to defend doma, the federal law that's now before this court, and when we filed the case right here in california, as one has to do, we sued the governor at the time, which was arnold schwarzenegger and our attorney general at the time, which was jerry brown, the
when we filed this case, chris and sandy and jeff and paul had been together for ten years. now they have been together for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward...
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Dec 31, 2012
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jeff flock has more. jeff: take a look at this customer care service center. the calls are beginning to come in. there is, at this point, no deal. at this point, no guidance. >> we are following the irs guidelines. from the social security perspective, we are increasing the taxes by 2%. jeff: there was a social security tax holiday for employees. they were paying at 6.2%. >> for two years they have been paying at 4.2 and now it will go back up to 6.2. jeff: is there anyway, based on what you know, is there any way your employees can react quickly enough to get that in place by this friday's paycheck? >> it all depends on the nature of the deal. it is possible. it depends on how complicated the deal is. it can be quite a bit. you have a 2% increase that will affect everybody. on the lower brackets, they are scheduled to go to 15%. jeff: at this point, though, dagen, they will stick with the 2012 until they hear something else from the irs. that all depends on what happens in washington. dagen: that payroll tax will probably go away. thank you again. jeff flock
jeff flock has more. jeff: take a look at this customer care service center. the calls are beginning to come in. there is, at this point, no deal. at this point, no guidance. >> we are following the irs guidelines. from the social security perspective, we are increasing the taxes by 2%. jeff: there was a social security tax holiday for employees. they were paying at 6.2%. >> for two years they have been paying at 4.2 and now it will go back up to 6.2. jeff: is there anyway, based on...
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Dec 29, 2012
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joining me now is democratic senator, jeff merkley of oregon. his filibuster reform proposal is known as the talking filibuster. senator merkley, thank you very much for being here tonight. >> ezra, good to be with you pop. >> so, first, let me get your reaction to the counterproposal by senators mccain and levin. i'm sure you've looked at it by now. what do you think of it? >> absolutely. this proposal is all about not addressing the core problem paralyzing the senate. right now, the filibuster, as you described it, it's silent, it's secret, simply an objection to a simple majority vote. no talking required. therefore, no visibility, no time and energy, no accountability to the american people. on bill after bill that we wanted to pass, if the filibuster had had to be done out in open, before colleagues, before the public, we would have had the momentum to be able to get that legislation passed, because we were in sync with where the country wanted to go. but the group today put forward the proposal that basically is designed to pull the rug ou
joining me now is democratic senator, jeff merkley of oregon. his filibuster reform proposal is known as the talking filibuster. senator merkley, thank you very much for being here tonight. >> ezra, good to be with you pop. >> so, first, let me get your reaction to the counterproposal by senators mccain and levin. i'm sure you've looked at it by now. what do you think of it? >> absolutely. this proposal is all about not addressing the core problem paralyzing the senate. right...
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Dec 28, 2012
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so what do warren jeffs' faithful followers have to say about all this? they're told to never talk to reporters, and some use their reporter intimidation technique, large vehicles speeding and screeching by us. and then emitting black smoke for added emphasis. one of the things we're hearing is he's been talking about the possible end of time, end of the world, and that people need to be faithful. is that your understanding of what he's been talking about also? >> i would rather not talk. >> a lot of ladies in this community don't want to talk to me. are you one of them? >> the ladies are almost always polite. not always the case with men. >> can i ask you, do you still believe in your prophet? >> do you not want to talk to me? because you do hear me? okay. you can tell me no comment. we can walk away instead of just being silent to me. were you told not to say any words? [ speaking foreign language ] >> what language are you speaking, sir? >> can i ask you, do you believe the end of time is near at this point? >> it depends. if you fly an airplane, then
so what do warren jeffs' faithful followers have to say about all this? they're told to never talk to reporters, and some use their reporter intimidation technique, large vehicles speeding and screeching by us. and then emitting black smoke for added emphasis. one of the things we're hearing is he's been talking about the possible end of time, end of the world, and that people need to be faithful. is that your understanding of what he's been talking about also? >> i would rather not talk....
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Dec 28, 2012
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your money needs an ally. >>> tonight, new concerns warren jeffs may be planning something dire from thhis prison sell. we have followed him for years now from his prison cell. he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. they're told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost to themselves? gary tuchman went to utah looking for answers. >> it's warren jeffs' birthday, the imprisoned prophet of the lds church. in arizona and utah, his followers have a message for him. >> we send our love. >> by all accounts, the man they love is still making major decisions and pronouncements from behind bars, and church members almost never want to talk about that. why are you rubbing away from us? our bizarre comes at a tenuous time. sam is a investigator who has represented more than 100 former members of the flds church. >> the conkensenses seems to be that warren is indicating by the en
your money needs an ally. >>> tonight, new concerns warren jeffs may be planning something dire from thhis prison sell. we have followed him for years now from his prison cell. he's serving a life sentence for sexually assaulting two underaged girls. now, the closing of a grocery store on the utah border has authorities on high alert. they're told that the world will end no later than this sunday. with the store now closed, what other preparations might they be making, and at what cost...
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Dec 28, 2012
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jeff glor in for scott pelley tonight. >> remember, the latest news and weather are always on cbssf.com. captions by: caption colorado comments@captioncolorado.com >> glor: tonight, new doubts that a fiscal cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
jeff glor in for scott pelley tonight. >> remember, the latest news and weather are always on cbssf.com. captions by: caption colorado comments@captioncolorado.com >> glor: tonight, new doubts that a fiscal cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon...
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Dec 27, 2012
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let's ask the man himself, the man leading the charge, oregon senator jeff americaly. thanks for being here. >> thank you. it's great to be here. >> you've got this plan, you've got a lot of senators on board. what exactly would your plan do and why would it deal with this gridlock? >> well, there's a package of changes. the first is to get rid of the filibuster to proceed. a filibuster in that sense only proceeds to block the debate, rather than enhancing or facilitating debate and it makes no sense. it means we can't even get to the issues facing america. second, we need to get rid of the motions on the filibuster to get you to a conference committee. this is after the senate has passed a bill and it's senator has passed a bill. it takes three motions to get there and that has resulted in a plethora of cases in which the minority has filibustered those motions. the conference committee is become ago dinosaur. we rarely use it because we can't get to it. and then the talking filibuster. the talking filibuster says if we have a vote on closing debate and 41 or more sen
let's ask the man himself, the man leading the charge, oregon senator jeff americaly. thanks for being here. >> thank you. it's great to be here. >> you've got this plan, you've got a lot of senators on board. what exactly would your plan do and why would it deal with this gridlock? >> well, there's a package of changes. the first is to get rid of the filibuster to proceed. a filibuster in that sense only proceeds to block the debate, rather than enhancing or facilitating...
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Dec 3, 2012
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jeff, that tribute video hillary clinton and i know we're going to get hilary 2016 stories. they with will churn out as soon as the president names whoever he names to replace her. she seemed almost energized by it. >> how could she not. this is the celebration of her long life. not an easy one her public life. she's ending at a high point here. 2013 is going to be filled for, at least people in our business a lot of chatter about what she's going to do or not going to do. i believe she doesn't know. let her take a break. >> that i buy. yes people around her will put together the operation. >> just watching that it reminds you with john mccain on tape like that, it is really -- she would be a powerful force. >> it's a reminder that we might get clinton-bush the sequel. at the end of the day, right? who else do the republicans have? who would make a better transitional leader from 20th century. the guy who is married to a mexican-american. >> i'm an enormous fan of jeb bush. i think he would be fantastic. his son george p. is exploring for a run down in texas. he may ultimate
jeff, that tribute video hillary clinton and i know we're going to get hilary 2016 stories. they with will churn out as soon as the president names whoever he names to replace her. she seemed almost energized by it. >> how could she not. this is the celebration of her long life. not an easy one her public life. she's ending at a high point here. 2013 is going to be filled for, at least people in our business a lot of chatter about what she's going to do or not going to do. i believe she...
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Dec 30, 2012
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y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush tax cuts and ending these last-minute confrontations in congress. this debate is continuing. martin, i will tell you, we are getting a lot of messages across all platforms, tweeting with you-all at joshlevscnn, also facebook joshlevscnn. send us an ireport, video if you want to, we might share some of this right here, one way of getting your message out to the country and to lawmakers in these final hours before the end of the year, which could bring with it some big, big, big financial changes for all of us. >> absolutely, josh, hope the folks in washi
y'all will like the next one, look that the quote from jeff clark, what the mayans couldn't do in thousands of years both houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the...
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Dec 31, 2012
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lori: jeff flock, thank you, sir. >> thank you. ashley: that uncertainty as we wait to see what they do in d.c.. stocks are rising on the hopes of a fiscal cliff deal and they're headed for solid gains in 2012, actually. we have aaron glick, i can quit portfolio manager for global iq capital markets. aaron, thanks for joining us. it has been a solid year for 2012, but let's push forward now. assuming, this is a big assume, we get some sort of a deal on the fiscal cliff. what are you expecting in 2013. >> you know, right now we're actually pretty positive. we're looking for one, 1 1/2% gdp growth. the numbers that couple in november, a couple of numbers were very positive. we saw existing home sales cross the five million units which is the high since 2009 and we also saw auto sales cross above 15 million which is the highest since 2008. those are the big ticket purchases we've been looking for. since 2007 we've seen consumer spending keep the economy going but we didn't see the big ticket sales come up. and november was the first t
lori: jeff flock, thank you, sir. >> thank you. ashley: that uncertainty as we wait to see what they do in d.c.. stocks are rising on the hopes of a fiscal cliff deal and they're headed for solid gains in 2012, actually. we have aaron glick, i can quit portfolio manager for global iq capital markets. aaron, thanks for joining us. it has been a solid year for 2012, but let's push forward now. assuming, this is a big assume, we get some sort of a deal on the fiscal cliff. what are you...
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Dec 2, 2012
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. >> versus one term tea party type jeff landry. >> we are the conservative candidate in this race, we're out there looking for people who are interested in sending conservative leadership to washington. >> without objection, the gentleman recognized for one minute. >> they are victims of a political version of the game of musical chairs. redistricting forced two sitting congressmen to compete for one seat. neither reached the 50% mark november 6, so state law sends them into a runoff, and that sends third district louisianans to the polls again this week. >> enough is enough. >> they voted identically 92% of the time in more than 1500 recorded votes. now they are locked in a nasty second round election fight. >> if we don't get rid of those people who fail to solve the problems and continue to kick the can down the road we're going to go nowhere in this country. >> the candidates and outside groups spent a combined $6 million so far, the costliest house race in louisiana. >> mr. landry did go negative early. we had to defend our voting record.
. >> versus one term tea party type jeff landry. >> we are the conservative candidate in this race, we're out there looking for people who are interested in sending conservative leadership to washington. >> without objection, the gentleman recognized for one minute. >> they are victims of a political version of the game of musical chairs. redistricting forced two sitting congressmen to compete for one seat. neither reached the 50% mark november 6, so state law sends them...
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jeff sessions has repeatedly made the point and i want to play something for you that he said yesterday. >> we all know what the plan is, what the scheme is, the strategy is. it is to be meeting in secret and then plop down on the floor of the senate at the last hour, some sort of coerced agreement that all of the senators like lemmings are supposed to vote for. >> is that what is going on here? some coerced agreement that you're going to have to vote for? >> i wouldn't describe it as a coerced agreement. but you can't have 500 people in the room negotiating an agreement. so, yes, we have our leadership, they sit down with the president, they hammer out a deal, they come back to us. our opportunity for input in this process is with our leadership. we have caucuses multiple times each week. we express to our leaders, this is what we want to see. this is what we will support. we do not want to see action on this or be pressed on this. don't come back to us with a proposal on this. that's the way that we can influence the ultimate shape of the deal. i'm not disturbed by the fact that now w
jeff sessions has repeatedly made the point and i want to play something for you that he said yesterday. >> we all know what the plan is, what the scheme is, the strategy is. it is to be meeting in secret and then plop down on the floor of the senate at the last hour, some sort of coerced agreement that all of the senators like lemmings are supposed to vote for. >> is that what is going on here? some coerced agreement that you're going to have to vote for? >> i wouldn't...
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jeff flight told me this morning this was a huge embarrassment. where could we go from here? >> i have no idea. it would be nice to go somewhere. but we're nowhere. you know, we talk about gridlock and divided government. and, in the past, there are people who divide a government that's good. when we have this sort of political gridlock, we get things done. that is no longer true. as a matter of fact, you have to be pessimistic. you see us lurching from cliff to cliff. if you see us getting passed this one, how can you be convinced we're actually passed it. there's going to be a debt ceiling coming up, there's going to be a fight over the sequester, at some point, when that is supposed to kick back in. this is no way to run a railroad. and it's certainly no way to run the united states of america. >> is there any reason to believe, ryan, it will be any different i.? that will be more democrats in the 113th congress? is it going to make any difference? >> the one thing that could make a difference is if president obama actually sticks to his pledge that he's unwilling to negot
jeff flight told me this morning this was a huge embarrassment. where could we go from here? >> i have no idea. it would be nice to go somewhere. but we're nowhere. you know, we talk about gridlock and divided government. and, in the past, there are people who divide a government that's good. when we have this sort of political gridlock, we get things done. that is no longer true. as a matter of fact, you have to be pessimistic. you see us lurching from cliff to cliff. if you see us...
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Dec 30, 2012
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jeff merkley is right after this. ah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> all right, we're talking about the latest in the fiscal cliff or we should say, fiscal curb drama in washington. i want to talk to you, jamelle, about where, maybe, the democratses are coming from others. we were talking about this in the last segment about how the game changes on january 1st. if there's no deal and inaction, there's a lot of leverage it would seem that president obama would have. all the bush era tax rates go away. polls suggest republicans will be blamed more than democrats with if we go over the curb so to speak. is there a real incentive here for democrats to say, let's just not make a deal today? >> i think the only incentives for democrats not to make a deal, to wait for us to go over the curb
jeff merkley is right after this. ah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. >>> all right, we're talking about the latest in the fiscal cliff or we should say, fiscal curb drama in washington. i want to talk to you, jamelle, about where, maybe, the democratses...
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. >> but jeff rejeffrey, as you ke president is talking about these bush tax cuts that were supposed to be so devastating to the economy and was going to cause, you know, deficits to explode for decades to come. the president has endorsed 98%, 99% of those tax cuts. >> i hear you. >> so it can't even be that. this goes back, though, let's think back when we talked about this in realtime in 2010, republicans won midterms. and so the president and the republicans came together. they decided they were going to extend the bush tax cuts for two more years, extend unemployment benefits. they had no offsets, they had no cuts. so in the same week simpson-bowles came out talking about saving $4 trillion, $5 trillion over the next decade, you had congress coming back in a lame-duck session, adding an additional $1 trillion in a week. >> absolutely. and both sides went along with it. >> all right. dr. sachs, thanks. you all right there? joe, thank you. go back to work. i'm sorry to interrupt the project there. >> actually, i've got to go out and talk to my people. >> clutching the debt clock in
. >> but jeff rejeffrey, as you ke president is talking about these bush tax cuts that were supposed to be so devastating to the economy and was going to cause, you know, deficits to explode for decades to come. the president has endorsed 98%, 99% of those tax cuts. >> i hear you. >> so it can't even be that. this goes back, though, let's think back when we talked about this in realtime in 2010, republicans won midterms. and so the president and the republicans came together....
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Dec 1, 2012
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now, back to jeff. >> brown: george washington famously described the senate as "the saucer that cools the tea," a body designed to soothe "hot" legislation that emerged from the house of representatives. but as congressional correspondent kwame holman reports, some senators have gotten pretty steamed over a proposed change to how their chamber operates. >> holman: a sign of the holiday season-- the u.s. capitol christmas tree arrived in washington on monday. but behind the festive scene outside, there was a partisan war raging inside on the floor of the senate. the combatants-- democratic majority leader harry reid and republican minority leader mitch mcconnell. >> americans believe congress is broken. once again, the only ones who disagree are mitch mcconnell and the republican party. >> i've never said the senate's working fine. i think the senate's been disastrously run for the last two years. >> the american people know, democrats and republicans, that this place isn't working and there needs to be some changes so that we can proceed to get some legislations passed. >> disastrousl
now, back to jeff. >> brown: george washington famously described the senate as "the saucer that cools the tea," a body designed to soothe "hot" legislation that emerged from the house of representatives. but as congressional correspondent kwame holman reports, some senators have gotten pretty steamed over a proposed change to how their chamber operates. >> holman: a sign of the holiday season-- the u.s. capitol christmas tree arrived in washington on monday. but...
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good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and congressional staff, but that's been true throughout this entire saga. with the deadline looming there were dire predictions. >> come the first of this year americans will have less income than they hav
good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the...
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i want to thank senator jeff merkley, and akhil amar and al frumin. why we should take the president's plan to avert the fiscal cliff seriously after this. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a hi
i want to thank senator jeff merkley, and akhil amar and al frumin. why we should take the president's plan to avert the fiscal cliff seriously after this. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [...
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Dec 27, 2012
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exxonmobil refinery near chicago jeff? >> and a note anything that has made more money than oil but look what is happening right now look at the volume of this is what the debate has done to the volume. money is on the sidelines when million contracts per day with west texas intermediate. contrasts that through last month. only happen million traded last month per day. then yesterday only 75,000 contracts. today we may be back around 175,000 contracts but "this is it." because of volatility we have had a conflict overseas i talked to some traders to said they missed it because they don't want to be in the market right now with the uncertainty according to phil flynn. lori: the basic fundamentals tracy: stay warm. washington is frozen. not just the nonexistent this coal talks but is leaving the washington d.c. the leadership in the lurch. and why could going up over the cliff the bullish? check out the winners and losers overall. ♪ >> we will get the market check with the deep sell-off with the nicole petallides at the ne
exxonmobil refinery near chicago jeff? >> and a note anything that has made more money than oil but look what is happening right now look at the volume of this is what the debate has done to the volume. money is on the sidelines when million contracts per day with west texas intermediate. contrasts that through last month. only happen million traded last month per day. then yesterday only 75,000 contracts. today we may be back around 175,000 contracts but "this is it." because...
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jeff toobin, thank you. >> it's a real sad story. >> more on it of course, we will keep following it. >>> also, a deadly attack on a college campus. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. >>> hello again. i'm isha sesay. a bridge failure caused the derailment of a train carrying toxic chemicals in new jersey. several cars toppled into the delaware river, including one that spilled vinyl chloride. 18 people were sent to the hospital with breathing problems. arwa damon is one of a few western journalists in syria tonight. she's reporting citizens of aleppo are returning home or in some cases to what's left of their homes. many buildings are left in ruin due to fighting between opposition fighters and government troops. plus, food and water is hard to find. but that's not stopping people from returning with hopes that opposition forces may be getting the upper hand in the civil war. >>> a faculty member and one other person were killed at casper college in wyoming today. before the attacker
jeff toobin, thank you. >> it's a real sad story. >> more on it of course, we will keep following it. >>> also, a deadly attack on a college campus. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. >>> hello again. i'm isha sesay. a bridge failure caused the derailment of a train carrying toxic chemicals in new jersey. several cars toppled into the delaware river,...
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senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
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Dec 1, 2012
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what har ray reid and especially younger senators, people like jeff merkley from oregon, are proposing to restore the filibust filibuster. it's a very simple proposal. they it want to bring back the filibuster as it existed in "mr. smith goes to washington." they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is usually used secretly behind closed doors to stop debate to prevent us from even having a vote. that has nothing to do with what americans understand as a filibuster and there is simply no reason to allow the abuses to continue. >> well, it means that if they were to filibuster, they have to go to the floor and do as you say, "mr. smith goes to washington," and talk endlessly until some conclusion. what do the changes mean for democratic bills, you think? >> it could mean a lot, because many of the bills that democrats have proposed have majority support. they can win in the senate. the problem is they can't get to the 6 o votes that would be required to break a filibuster or force a vote. a
what har ray reid and especially younger senators, people like jeff merkley from oregon, are proposing to restore the filibust filibuster. it's a very simple proposal. they it want to bring back the filibuster as it existed in "mr. smith goes to washington." they want it it to be like jimmy stewart where they had to go to the floor and stand on your principles. now, unfortunately, the filibuster is usually used secretly behind closed doors to stop debate to prevent us from even having...
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jeff toobin, thank you. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. those surprising little still make you take notice.e. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment's
jeff toobin, thank you. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max...
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when we filed this case chris and sandy and jeff and paul had been together for ten years. now they have been foth for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. and in this country we don't deny a certain portion of our citizens a fundamental right. we just don't. it's not american. >> isn't it true that when we had this in the court in the ninth in the appellate level, nobody came forward because nobody could come up with what you call a justification, some compelling reason. just chat on that point. you raised it. there's no compelling reason against giving the rights to people, the right to marriage. >> that's exactly right, chris. it's important to note in both of these cases, the united states government has refused to defend doma, the federal law that's now before this court, and when we filed the case right here in california as one has to do, we sued the g
when we filed this case chris and sandy and jeff and paul had been together for ten years. now they have been foth for almost 12, over 13 years. chris and sandy's twin boys were just entering high school. when this case is heard, they will be getting ready to graduate from high school. their moms deserve the same freedom to marry just as everyone else has in this country. and in this country we don't deny a certain portion of our citizens a fundamental right. we just don't. it's not american....
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. >> this is a question for jeff. social media is the platform for speech in general. isn't it true people hide behind their screens and say things online that it would not say face-to-face? does not change the way we speak to each other fundamentally? >> we talked about that. how do you see this evolving? >> as an artist, that is a sensitive question. i spent a lot of time discussing this with artists and musicians because criticism is painful. when you are sharing personal art. and that is -- that is one of the most painful things to write a personal song and read the youtube comments. but she is ugly. this is a big conversation right now between me and the artists. a used to be that you would just not read your reviews. that is pretty easy. now if you are engaging with their fans, your ability to go back and forth is directly polluted by people saying negative things that you come in can be very painful and i see. one thing about twitter is unlike youtube, it remains a generally positive place. those throwing out negativity look like assholes and it is easy to call
. >> this is a question for jeff. social media is the platform for speech in general. isn't it true people hide behind their screens and say things online that it would not say face-to-face? does not change the way we speak to each other fundamentally? >> we talked about that. how do you see this evolving? >> as an artist, that is a sensitive question. i spent a lot of time discussing this with artists and musicians because criticism is painful. when you are sharing personal...
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jeff toobin, thank you. >> it's a real sad story. >> more on it of course, we will keep following it. >>> also, a deadly attack on a college campus. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large i
jeff toobin, thank you. >> it's a real sad story. >> more on it of course, we will keep following it. >>> also, a deadly attack on a college campus. a faculty member among those killed. where the murder took place and the weapon believed to be used all coming back when "360" continues. ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. who have used androgel 1%, there's big news. presenting...
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Dec 31, 2012
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one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines. >>> china ends the year as a sign of manufacturing growth as manufacturing activity hits itself fastest pace in 12 months. german, japanese and hong kong stocks are leading the way today. here is a look at today's other top stories. congress may be able to avoid the so-called dairy cliff. the house and senate agriculture committees are set to temporarily extend the u.s. farm bill. the move would keep a long dormant milk subsidy from coming back to life when the current farm bill expires today. the usda would be forced to buy milk well above what price they currently buy. we sho
one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines....
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Dec 21, 2012
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jeff flock is in chicago with more. reporter: actually, we are rolling down the highway of chicago right now. looking for action as we take a live look outside the vehicles. this is an example of the obama administration on being able to get something passed through congress. they are going to spur congress and try to require the black boxes in every new vehicle. before you get set, there are multiple sides to the story. the insurance companies and the automakers -- the transportation department and the safety folks as well as law enforcement, they all like this idea. because believe it or not, when we get into auto crashes, we somehow misreport often what happened. we said we weren't going as fast as we were. we may say that we had her foot on the break when in fact we didn't. a lot of these groups think this is a good idea. of course, privacy advocates do not like it. they are concerned about what the government might do with the data, perhaps using it to track movement. that is not what these data recorders do right
jeff flock is in chicago with more. reporter: actually, we are rolling down the highway of chicago right now. looking for action as we take a live look outside the vehicles. this is an example of the obama administration on being able to get something passed through congress. they are going to spur congress and try to require the black boxes in every new vehicle. before you get set, there are multiple sides to the story. the insurance companies and the automakers -- the transportation...
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jeff flock live in bloomingdale, ill. with more. >> fiscal cliff edge missile cliff says the man i'm about to talk to, this is the antenna business. nasdaq, they make wireless antennas for wireless communication, marty singer is the ceo, and a lot of your fellow ceos are on pins and needles worried what is going to happen. that is not you. >> i am not and the tragedy of the fiscal cliff is the distraction from issues that influence the economy such as cost of health care, we are facing a 17% increase. >> walk with me so i can show you the plan. you have a huge plant outside chicago making things here. you think that has been overshadowed in the fiscal cliff debate. we have forgotten obamacare and rising costs of health care. >> absolutely. bloated cost of the chinese factory worker is $2,500 a year. my cost of health care in this country for someone who had a family is $10,000 a year so health care four times the cost of labor. that is what costs. >> i want to put on your customers because you do business with a lot of co
jeff flock live in bloomingdale, ill. with more. >> fiscal cliff edge missile cliff says the man i'm about to talk to, this is the antenna business. nasdaq, they make wireless antennas for wireless communication, marty singer is the ceo, and a lot of your fellow ceos are on pins and needles worried what is going to happen. that is not you. >> i am not and the tragedy of the fiscal cliff is the distraction from issues that influence the economy such as cost of health care, we are...
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but jeff's lawyer argues the judge got it wrong. the question is whether lynn intended to stay in the us with us her family. >> the phrase miscarriage of justice comes to mind. >> reporter: the main issue for the supreme court is if jeff can appeal the decision now that aris is out of the country. >> you got to have that next level of review. >> reporter: and it could have broader implications. >> this is a case that has immediate significant long lasting impact for every parent in america. >> reporter: though most likely for military families and families who travel overseas. ultimately lynn's lawyer says it all comes down to this. >> the welfare of the child. it is not good for a child to be like a ping-pong ball, going backwards and forwards between different countries. >> wow. joe johns, what a mess. how was the case argued before the supreme court this morning? >> well, you know, question is which direction are they going to go? the court never really tells you but you try to find things from their questions. the main issue is
but jeff's lawyer argues the judge got it wrong. the question is whether lynn intended to stay in the us with us her family. >> the phrase miscarriage of justice comes to mind. >> reporter: the main issue for the supreme court is if jeff can appeal the decision now that aris is out of the country. >> you got to have that next level of review. >> reporter: and it could have broader implications. >> this is a case that has immediate significant long lasting impact...
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jeff: level vehicle has caught fire in a couple cases. at least a dozen fires, ford a skate and ford fusion, the focus, not so much the vehicle but the engine, the 1.6 ego boost engine. most of the recalls have been of the escape. that is a huge car for ford, and they unveiled it at the l.a. auto show. it is the second best seller of any car, the ford f-series truck, sold 20,000 escapes last month that 73,000 have been recalled. here is the scary part. it is an important engine but in addition to if your hot engine llght comes on, you pull over and get out of the vehicle the scary part for the company is they do not have a fix for of this. they're giving anyone who brings their car in for the recall a freeloader but at this point they do not know what the problem is. ford stock down today and gm's stock down on reports of bigger inventories of the gm trucks than they thought so not a good day for the automakers but a particularly bad day for ford until they get their arms around this problem. is only as some would say less than the one hu
jeff: level vehicle has caught fire in a couple cases. at least a dozen fires, ford a skate and ford fusion, the focus, not so much the vehicle but the engine, the 1.6 ego boost engine. most of the recalls have been of the escape. that is a huge car for ford, and they unveiled it at the l.a. auto show. it is the second best seller of any car, the ford f-series truck, sold 20,000 escapes last month that 73,000 have been recalled. here is the scary part. it is an important engine but in addition...
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stuart: jeff, come join us again as this thing plays out as it will. thank you. >> thank you. stuart: you certainly have fiscal cliff fatigue, got it. so next, my take on foreigners. >> you know, if you're a businessman, how do you decide what you are going to do with your business this year because you don't know how much you are going to be paying taxes. if you are a consumer, how do you decide what you are going to be spending your money on in the up coming year? the level of uncertainty i think is unprecedented. stuart: well said, kelly jane, she was in our last hour, what you can expect in the new year if congress doesn't reach some kind of fiscal deal by midnight. we just reported that even the irs is waiting to hear what to tell employers to withhold from our paychecks. we still don't know, what is it, about 14 hours, 13 hours left to go. that's it. all right, everybody, time for a market check. where are we right now? dead flat still with a hint of what might happen on the fiscal cliff negotiations. this is sound bite trading in the extreme. we need to check the price
stuart: jeff, come join us again as this thing plays out as it will. thank you. >> thank you. stuart: you certainly have fiscal cliff fatigue, got it. so next, my take on foreigners. >> you know, if you're a businessman, how do you decide what you are going to do with your business this year because you don't know how much you are going to be paying taxes. if you are a consumer, how do you decide what you are going to be spending your money on in the up coming year? the level of...
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host: jeff, good morning. caller: good morning. with republicans being cornered as far as the blame, why don't the republicans just vote and pass bills and sent it to the senate and put it in the hands of democrats and let's see what comes down the road. if it crashes, it crashes. it away, the democrats need to take responsibility. guest: we have to do what is necessary to correct the deficiencies of our operating national business. when you say the republicans should take a position and do what is right, the american people are in the dark of how negotiations work. if you are serious about negotiations and about solving the fiscal cliff -- it is a fiscal slide because you keep sliding. i have learned that if you want to negotiate and come to compromises and conclusions, you do that without cameras and you do that behind closed doors. once the negotiations are exposed, people react differently and they are compromise. we need to get away from the cameras. the president and john boehner, get away from their staffs and do a give-and-
host: jeff, good morning. caller: good morning. with republicans being cornered as far as the blame, why don't the republicans just vote and pass bills and sent it to the senate and put it in the hands of democrats and let's see what comes down the road. if it crashes, it crashes. it away, the democrats need to take responsibility. guest: we have to do what is necessary to correct the deficiencies of our operating national business. when you say the republicans should take a position and do...
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jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might be on my list. speaking of italian, we had an auction that was very successful earlier and it was the last auction that we saw for the year. they've sold a large amount of bills across the board. the ten-year italian paper now yielding 4.5%. so we've seen more buying into the italian ten-year paper right now. again, we're heading into a year where we have the general elections taking place in italy. some are saying if berlusconi's party gets more traction, we could be looking at yields heading north once again in italy. the 5s, the 3s and the 2s all b
jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't...
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next call comes from jeff in texas, republican line. caller: back when i was a teenager, i did something stupid and got a felony charge. i am 45 years old now. they still hold that against me. i am bowhunting because i am still not allowed to own a gun. is there ever going to be a statute of limitations on a felony convicted by a kid as to ever be able to purchase a gun? guest: this is a problem that we hear quite a bit. people have completely reformed themselves after committing crimes, but are nonetheless unable to get them. there is a system in place in most states where by the governor can grant a waiver to put you back into the pool of people that are able to obtain firearms. that is hard to do and would be costly and involve lawyers. it is difficult. this is one of the issues with the system. when the brady act was written in 1993 and when the gun control act of 1968 was put in place, it initially traded a class of people who were not allowed to own guns. they had to draw the line somewhere. it is a problem for folks like you have
next call comes from jeff in texas, republican line. caller: back when i was a teenager, i did something stupid and got a felony charge. i am 45 years old now. they still hold that against me. i am bowhunting because i am still not allowed to own a gun. is there ever going to be a statute of limitations on a felony convicted by a kid as to ever be able to purchase a gun? guest: this is a problem that we hear quite a bit. people have completely reformed themselves after committing crimes, but...
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there's some people who said jeff sessions called it secret talks that violate the principle of american government that would be open to every city. you're not supposed to be meeting in secret. why doesn't the american people know what it is the president would like to see as the financial future? and i get his point. at some point, don't you need the light of day on this? >> it's not good for the negotiation. the truth is the president has put forward a balanced plan with detail object how to reduce the deficit by $4 trillion to put us in a sustainable fiscal path. that's out there. speaker boehner has put out some things he wants, but there has to be frank discussions. whatever deal there is has to come up for a vote in the congress. that's when you have a debate over the contours of any plan. i think senator sessions is trying to cause a little mischief there. >> so a lot of democrats are saying that no big deal if you go over the fiscal cliff. it seems like republicans are moving towards giving in on the tax rates. might even just vote on the tax portion of the negotiations and kick
there's some people who said jeff sessions called it secret talks that violate the principle of american government that would be open to every city. you're not supposed to be meeting in secret. why doesn't the american people know what it is the president would like to see as the financial future? and i get his point. at some point, don't you need the light of day on this? >> it's not good for the negotiation. the truth is the president has put forward a balanced plan with detail object...